Page 71 - Info Edge News Today

Fund to invest in 30-40 early-stage tech companies in three years

Matrix Partners India submitted its fourth notice of exempt offering of securities to the US Securities and Exchange Commission on June 17

Industry leaders, including Mahindra Group Chairman Anand Mahindra, RPG Enterprises Chairman Harsh Goenka and Biocon Ltd Chairperson Kiran Mazumdar-Shaw has come out in support of the Agnipath military recruitment scheme.

Arup Roy has joined Network18 Group as business and product head of News18 Local.

India's competition watchdog CCI is setting up a Digital Markets Unit due to the growing number of tech antitrust cases and their complexity.

Naukri.com founder Sanjeev Bikhchandani Reminisces His School Days on his Twitter account. Read all about it here!

Another edtech startup Udayy, backed by Info Edge, has shut shop, laying off all 100 employees as schools, colleges and physical tuition centres reopen.

The Indian Startup Layoff Tracker will track layoffs happening in India. So far, 18 startups have fired 9,000+ employees in 2022.

Info Edge reported a multifold rise in its net profit for FY22 to INR 8,922.5 Cr due to gains from listing of food giant Zomato on markets.

In the fourth week of May, Indian startups have raised $258 Mn across 36 deals and reported 4 merger and acquisitions